this post was submitted on 27 Jul 2025
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[–] Evil_Incarnate@sopuli.xyz 20 points 6 days ago (3 children)

I'm in Germany and people believe this. I say, if I have my credit card stolen, I can stop the card with my bank app and be refunded for the purchases the thief made.

If they have their 500€ of cash stolen, that's it. It's gone. No amount of crying about how cash is king will bring it back.

[–] TropicalDingdong@lemmy.world 21 points 6 days ago

You are only considering half the issue. If you manage to "aquire" 500 in cash...

[–] Beacon@fedia.io 13 points 6 days ago (1 children)

So then don't carry 500 in cash then. You only need enough cash in your wallet to cover the expenses you might encounter in a single day. And having cash on you doesn't mean you can't have cards too in case you need more money

[–] Zorque@lemmy.world 10 points 6 days ago* (last edited 6 days ago) (1 children)

So less king and more part of a council?

[–] Beacon@fedia.io 2 points 6 days ago

Yeah, something like that. Maybe cash should be the chair of the council

[–] Zwiebel@feddit.org 8 points 6 days ago (2 children)

Paying in cash doesn't cost extra, by card does

[–] then_three_more@lemmy.world 8 points 6 days ago* (last edited 6 days ago)

No it doesn't. Shops pay transaction fees and pass that cost into all customers equally whether they're paying cash or card.

Taking physical cash, counting it, loss of cash through error or malace, buying change, physically banking it (taking it themselves or using a cash collection company) costs businesses too. So actually maybe they're passing on the cost of this rather than the transaction fees.

[–] Redex68@lemmy.world 3 points 6 days ago (2 children)

I've almost never seen irl stores charge more for paying by card, definitely not anything that wasn't a small family business. The only place I see it is sometimes on webshops

[–] Electricd@lemmybefree.net 5 points 6 days ago

It costs for the business, but handling cash costs time so money as well..

[–] Alcoholicorn@mander.xyz 3 points 6 days ago

I’ve almost never seen irl stores charge more for paying by card

It's a violation of visa/mastercard's TOS, but also smaller stores get much higher transaction fees so they have further incentive to do so.